Urea Market Outlook To 2027: Key Players BASF SE,China National Petroleum Corporation,EuroChem Group AG
The Insight Partners published a new report, titled, “Urea Market”. The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain a thorough understanding of the industry and determine steps to be taken to gain a competitive advantage.The global urea market is growing at a significant pace owing to driving factors such as, rising agriculture production in developing countries like India, Brazil, Australia, etc. which leads to high demand for fertilizers in the agriculture industry.
Urea has the highest nitrogen content as compared to other solid nitrogenous fertilizers commonly use. Therefore, it has the lowest transportation costs per unit of nitrogen nutrient which further boost the urea market. However, strict government regulation and a ban on the use of urea in Europen countries is forecast to restrict the growth of the market. For example, In Europe, the demand for urea is lowered, owing to its impact on the environment and there are alternatives to urea, which have a significantly lower impact than urea-based products.
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Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Urea Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2027, factoring the impact of Covid -19 Situation.
Urea is produced with a combination of carbon dioxide and ammonia. It is a highly-efficient nitrogen fertilizer used in agriculture for ground treatment and top-dressing and is also used for all soil types and crop plants. Urea significantly increases agricultural yield. In the industry application, it is used for the production of plastics, glues and resins. Urea also finds application as ruminant's forage additive agent. Urea is used as a raw material for the manufacture materials such as urea-formaldehyde resins and urea-melamine-formaldehyde used in marine plywood. Moreover, it is commercially used to manufacture urea nitrate which is a high explosive used as a part of some improvised explosive devices.
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The Emerging Players in the Urea Market includes
BASF SE,China National Petroleum Corporation,EuroChem Group AG ,Koch Fertilizer, LLC, ,Nutrien Ltd. ,OCI Nitrogen,Petrobras ,Qatar Fertiliser Company ,Saudi Basic Industries Corporation (SABIC),Yara Fertilisers India Pvt. Ltd.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fabric care market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Urea Market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions. The Urea Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
Promising Regions & Countries Mentioned in The Urea Market Report:
•North America
•Europe
•Asia-Pacific
•Latin America
•The Middle East & Africa
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Table of Contents
Introduction
Key Takeaways
Research Methodology
Urea Market - Landscape
Urea Market - Key Market Dynamics
Urea Market - Market Analysis
Urea Market - Product Type
Urea Market - Application Type
Urea Market - Geographical Analysis
Industry Landscape
Key Company Profiles
Appendix
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Urea in these regions, from 2012 to 2022 (forecast), covering
North America
Europe
China
Japan
Southeast Asia
India
Global Urea market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
BASF Corporation
BIP (Oldbury) Limited
Chemiplastica, Inc.
Jiangsu Sanmu Group Corporation
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